Quick charity verification for Reformed University Inc (EIN: 205239134)
Verdict: Reformed University Inc appears trustworthy
92/100Mission Score
$2.1MRevenue
$4.8MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported expenses relative to revenue, potentially indicating significant non-cash expenses or substantial retained earnings not fully detailed in the provided summary.
Consistent 0% officer compensation for an organization with over $2 million in revenue could suggest compensation is being paid through other means or entities not captured in this specific line item, or that leadership is entirely volunteer-based, which is rare for this scale.
Strengths
Strong and consistent revenue growth, increasing from $308,269 in 2015 to $2,022,088 in 2023.
Significant asset growth, from $784,733 in 2015 to $4,408,517 in 2023, indicating financial stability and capacity.
Consistent reporting of 0% officer compensation, suggesting a high dedication to mission over executive pay.
Positive net income in most recent years, with revenue significantly exceeding expenses (e.g., $2,022,088 revenue vs. $1,117,578 expenses in 2023).
Healthy asset-to-liability ratio, with assets of $4,408,517 significantly outweighing liabilities of $1,478,882 in 2023.
Spending Breakdown
How Reformed University Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Reformed University Inc
Is Reformed University Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reformed University Inc (EIN: 205239134) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Reformed University Inc a good charity to donate to?
Reformed University Inc has a Mission Score of 92/100. Revenue: $2.1M. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reformed University Inc?
The Employer Identification Number (EIN) for Reformed University Inc is 205239134. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Reformed University Inc spend its money?
Reformed University Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reformed University Inc's tax-exempt status?
You can verify Reformed University Inc's tax-exempt status using EIN 205239134 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Reformed University Inc demonstrates strong financial growth and efficiency over the past decade. Revenue has consistently increased, from $308,269 in 2015 to $2,022,088 in 2023, indicating robust donor support or program expansion. The organization has also maintained a healthy financial position, with assets growing significantly from $784,733 in 2015 to $4,408,517 in 2023, while liabilities have remained manageable relative to asset growth.
Spending efficiency appears to be a key strength, as evidenced by the consistent surplus of revenue over expenses in most recent years. For example, in 2023, revenue was $2,022,088 against expenses of $1,117,578, resulting in a substantial surplus that contributes to asset growth and future program capacity. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing resources towards the mission rather than executive salaries, enhancing transparency and public trust.
Overall, Reformed University Inc exhibits a positive financial trajectory, characterized by strong revenue generation, prudent expense management, and a clear dedication to its mission through efficient resource allocation. The consistent growth in assets and the absence of reported officer compensation are strong indicators of financial health and transparency.